Section 37-6-28
Bonds or other indebtedness - Consent of department of finance.
No bonds or other evidences of indebtedness of any cooperative or foreign corporation transacting business in this state pursuant to this chapter shall be issued or sold until the consent to the issuance and sale thereof shall have been given by the Department of Finance, as provided by law.
(Acts 1939, No. 231, p. 371; Code 1940, T. 18, §58.)